ad valorem (a.v, a/v)
according to the worth of | ||||
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Ad valorem definition was found in categories: Business & Finance(4) Language, Idioms & Slang(3) Law(1) Arts & Humanities(1) Sports(1) Encyclopedia(1)
Ad valorem Definition from Business & Finance Dictionaries & Glossaries
| BTS Transportation Expressions |
Ad Valorem
1) A freight rate set at a certain percentage of the value of an article; 2) A set percentage of the value of dutiable goods determined by the price at the port of shipment and calculated for duty assessment. (TNDOT1)
A charge levied on persons or organizations based on the value of transaction. It is normally a given percentage of the price at the retail or manufacturing stage and is a common form of sales tax; e.g. Federal excise tax on new trucks and trailers. (ATA2)
1) A freight rate set at a certain percentage of the value of an article; 2) A set percentage of the value of dutiable goods determined by the price at the port of shipment and calculated for duty assessment. (TNDOT1)
A charge levied on persons or organizations based on the value of transaction. It is normally a given percentage of the price at the retail or manufacturing stage and is a common form of sales tax; e.g. Federal excise tax on new trucks and trailers. (ATA2)
| BASSAM Trade, Real Estate, Mortgage, Fund,Invest, Insurance,& Tax,Terms/abbreviations/defin. |
AD VALOREM
A Latin term; "According to Value". Example: Assessing property value in town and state taxes.
A Latin term; "According to Value". Example: Assessing property value in town and state taxes.
| Raynet Business & Marketing Glossary |
Ad valorem
a tax, duty, or fee which varies based on the value of the products, services, or property on which it is levied.
a tax, duty, or fee which varies based on the value of the products, services, or property on which it is levied.
| Shipping Glossary |
Ad Valorem
In proportion to the value.
In proportion to the value.
Ad valorem Definition from Language, Idioms & Slang Dictionaries & Glossaries
| Webster's Revised Unabridged Dictionary (1913) |
Ad valorem
A term used to denote a duty or charge laid upon goods, at a certain rate per cent upon their value, as stated in their invoice, -- in opposition to a specific sum upon a given quantity or number; as, an ad valorem duty of twenty per cent.
A term used to denote a duty or charge laid upon goods, at a certain rate per cent upon their value, as stated in their invoice, -- in opposition to a specific sum upon a given quantity or number; as, an ad valorem duty of twenty per cent.
| WordNet 2.0 |
ad valorem
Adverb
1. in proportion to the estimated value of the goods taxed; "the goods were taxed ad valorem"
(synonym) ad val
Adverb
1. in proportion to the estimated value of the goods taxed; "the goods were taxed ad valorem"
(synonym) ad val
| hEnglish - advanced version |
ad valorem
ad valorem
\ad va*lo"rem\ (&?;). [l., according to the value.] (com.) a term used to denote a duty or charge laid upon goods, at a certain rate per cent upon their value, as stated in their invoice, -- in opposition to a specific sum upon a given quantity or number; as, an ad valorem duty of twenty per cent.
ad valorem
\ad va*lo"rem\ (&?;). [l., according to the value.] (com.) a term used to denote a duty or charge laid upon goods, at a certain rate per cent upon their value, as stated in their invoice, -- in opposition to a specific sum upon a given quantity or number; as, an ad valorem duty of twenty per cent.
Ad valorem Definition from Law Dictionaries & Glossaries
| The 'Lectric Law Library |
Ad Valorem
Lat. According to the value. This term is used in commerce in reference to certain duties, called ad valorem duties, which are levied on commodities at certain rates per centum on their value.
Lat. According to the value. This term is used in commerce in reference to certain duties, called ad valorem duties, which are levied on commodities at certain rates per centum on their value.
Duty, Ad Valorem
DUTY, AD VALOREM - An assessed amount at a certain percentage rate on the monetary value of an import.
Ad valorem Definition from Arts & Humanities Dictionaries & Glossaries
| JM Latin-English Dictionary |
Ad valorem
By the value, e.g. Ad valorem tax
By the value, e.g. Ad valorem tax
Ad valorem Definition from Sports Dictionaries & Glossaries
| maritime&shipping&trade |
Ad Valorem
Latin for "according to the value." An ad valorem duty is an import duty based on the value of an article as defined in the customs law of a particular country, rather than on weight or volume. A percentage of that value is charged, for example, 5% ad valorem. A freight rate set at a certain percentage of the value of an article is known as an ad valorem rate.
Latin for "according to the value." An ad valorem duty is an import duty based on the value of an article as defined in the customs law of a particular country, rather than on weight or volume. A percentage of that value is charged, for example, 5% ad valorem. A freight rate set at a certain percentage of the value of an article is known as an ad valorem rate.
Ad Valorem (Lat.)
According to the value. An ad valorum stamp on deeds or documents is one fixed in proportion to the amount of rent reserved or other element of value expressed in the deed.
Ad valorem Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Ad valorem tax
The term "ad-valorem" is Latin for "according to value."
An ad-valorem tax (Latin: by value) is a tax based on the value of real estate or personal property. An ad-valorem tax is typically imposed at the time of a transaction (a sales tax or value-added tax (VAT)), but it may be imposed on an annual basis (real or personal property tax) or in connection with another significant event (inheritance tax or tariffs). A related concept is the fixed-rate tax, in which the tax base is the quantity of something, regardless of its price. For example, in the United Kingdom, a tax on the sale of alcoholic drinks is calculated on the quantity of alcohol in the drink, rather than its price.
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